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Indian Economy Grew 10% Under Manmohan Singh’s Tenure: Official Data
August 29, 2018
According to the official data, India’s economy clocked a 10.08% growth rate when Manmohan Singh was the Prime Minister of India. This is the highest rate ever recorded since the liberalisation of the economy in 1991. The highest rate since Independence was recorded in FY 1988-89 at 10.2% when Rajiv Gandhi was the Prime Minister.
The Congress party recently tweeted that the GDP backseries data has shown that the UPA government outperformed the Modi government in terms of economic growth. In addition to that, it has also delivered “the only instance of double-digit annual growth in modern Indian history”.
Photo credit: IAEA Imagebank on Visual hunt / CC BY-SA
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